The Cost Of Poverty

Poverty is expensive. Neal Peirce looks at "predatory fiscal devices" that trap millions of low-income Americans.

1 minute read

April 18, 2004, 1:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


"Poverty is not just miserable, it's actually expensive, the Annie E. Casey Foundation asserts in its "KidsCount" report...Some of the conditions can't be fixed quickly -- food prices up to double suburban rates in some inner cities that have been deserted by supermarkets, for example. Or rents so high that more than 5 million families are now obliged to spend over half their entire incomes for shelter.

But there's a depressingly long list of predatory fiscal devices that have ballooned in number since 1990. Collectively, they're ripping off low-income America, trapping millions of poor Americans in permanent, high-cost indebtedness."

Thanks to Abhijeet Chavan

Sunday, April 11, 2004 in The Washington Post Writers Group

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

June 18, 2025 - Diana Ionescu

Rendering of Shirley Chisholm Village four-story housing development with person biking in front.

San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning

SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.

June 8, 2025 - Fast Company

Woman and young girl looking at subway map, woman pointing.

Can We Please Give Communities the Design They Deserve?

Often an afterthought, graphic design impacts everything from how we navigate a city to how we feel about it. One designer argues: the people deserve better.

June 9, 2025 - John Pobojewski

Map of EV charging ports in rural U.S. communities.

The EV “Charging Divide” Plaguing Rural America

With “the deck stacked” against rural areas, will the great electric American road trip ever be a reality?

June 20 - The Daily Yonder

Google street view of Bedford Avenue in Brooklyn with pedestrians crossing a crosswalk and cyclist in the bike lane.

Judge Halts Brooklyn Bike Lane Removal

Lawyers must prove the city was not acting “arbitrarily, capriciously, and illegally” in ordering the hasty removal.

June 20 - StreetsBlog NYC

Close-up of cracked and damaged two-lane roadway with double yellow stripes on a bright sunny day.

Engineers Gave America's Roads an Almost Failing Grade — Why Aren't We Fixing Them?

With over a trillion dollars spent on roads that are still falling apart, advocates propose a new “fix it first” framework.

June 19 - Transportation for America